If you have your heart set on a state-of-the-art superbike, you are looking at quite a significant investment and unless you happen to have won the lottery, you will need competitive low-interest bike finance to spread the payment over a few years. In this article, we offer you valuable information on how to go about applying for motorcycle finance.
Yamaha Motorcycles
The Japanese bike manufacturer Yamaha is the most popular in Australia and they have a stunning catalogue of machines ranging from touring bikes, sports machines and the off-road models, which are great for adventure. If you search online, you can locate your nearest Yamaha dealership and book a test ride on the bike of your choice, after which, you can take out Yamaha motor finance at very competitive rates.
Comprehensive Motorcycle Insurance
Ideally, you want an insurance policy that covers every eventuality and with Yamaha, you can have a special new for old, 3-year insurance that provides a lifetime warranty on all authorised repairs. If you add expensive accessories, you want your bike insurance to cover for the loss or damage of any accessory, which gives you peace of mind.
Credit Score
When looking for bike finance, a lot will depend on your current credit score; if you have any outstanding debts, clearing these will make all the difference. If you have a regular income and have never defaulted on a loan repayment, there’s no reason why you won’t be accepted and with flexible 2-5-year term, you can choose a package that suits your lifestyle.
Choosing the Right Bike
Of course, this is down to personal preference; you might prefer a small road bike to get around the city, or perhaps a fast sports superbike that can reach speeds of 300kph, or possibly a big touring bike that lets you cruise all day at highway speeds. If you are not a big person, maybe a 750cc and up bike is a little heavy and something around 400-500cc would be a better choice.
Same Day Approval
Motorcycle finance is no longer a long and drawn-out affair and for most customers, a deal can be worked out there and then, which allows you to ride your new bike home. You should also sort out bike insurance while you are there and that means you are covered the moment you leave the bike dealer’s forecourt.
Getting finance for a new Yamaha motorcycle is no longer an issue and with the low-interest packages from Yamaha finance, you are good to go.
